HLAL vs. FEX ETF Comparison

Comparison of Wahed FTSE USA Shariah ETF (HLAL) to First Trust Large Cap Core AlphaDEX (FEX)

HLAL

Wahed FTSE USA Shariah ETF

HLAL Description

The investment seeks to track the total return performance, before fees and expenses, of the FTSE USA Shariah Index. The index is composed of common stocks of large and mid-capitalization U.S. companies the characteristics of which meet the requirements of the Shariah and are consistent with Islamic principles as interpreted by subject-matter experts. Under normal circumstances, at least 80% of its total assets will be invested in the component securities of the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$52.60

Average Daily Volume

60,755

Number of Holdings ^*

198

* may have additional holdings in another (foreign) market

FEX

First Trust Large Cap Core AlphaDEX

FEX Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Defined Large Cap Core Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by S&P to objectively identify and select stocks from the S&P 500(R) Index that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$111.95

Average Daily Volume

18,528

Number of Holdings ^*

373

* may have additional holdings in another (foreign) market

Performance

Period	HLAL	FEX
30 Days	2.35%	6.62%
60 Days	1.62%	8.07%
90 Days	3.31%	10.60%
12 Months	20.13%	33.47%

119 Overlapping Holdings

Symbol	Grade	Weight in HLAL	Weight in FEX	Overlap
AAPL	C	14.91%	0.17%	0.17%
ABT	B	0.9%	0.09%	0.09%
ADM	D	0.11%	0.37%	0.11%
ADSK	A	0.3%	0.09%	0.09%
AKAM	D	0.06%	0.29%	0.06%
APD	A	0.33%	0.19%	0.19%
APTV	D	0.06%	0.31%	0.06%
ARE	D	0.08%	0.15%	0.08%
ATO	A	0.1%	0.36%	0.1%
AXON	A	0.2%	0.64%	0.2%
BDX	F	0.29%	0.08%	0.08%
BG	F	0.06%	0.4%	0.06%
BIIB	F	0.1%	0.21%	0.1%
BKR	B	0.2%	0.4%	0.2%
BLDR	D	0.09%	0.31%	0.09%
BSX	B	0.6%	0.27%	0.27%
BURL	A	0.08%	0.44%	0.08%
CARR	D	0.28%	0.23%	0.23%
CEG	D	0.33%	0.3%	0.3%
CF	B	0.07%	0.43%	0.07%
CMI	A	0.22%	0.19%	0.19%
COP	C	0.6%	0.46%	0.46%
CSCO	B	1.04%	0.27%	0.27%
CTAS	B	0.34%	0.36%	0.34%
CTVA	C	0.18%	0.16%	0.16%
CVX	A	1.24%	0.46%	0.46%
DAL	C	0.05%	0.53%	0.05%
DD	D	0.15%	0.16%	0.15%
DELL	C	0.16%	0.19%	0.16%
DGX	A	0.08%	0.35%	0.08%
DHI	D	0.22%	0.36%	0.22%
DOV	A	0.12%	0.09%	0.09%
DOW	F	0.12%	0.21%	0.12%
DVN	F	0.11%	0.42%	0.11%
EBAY	D	0.14%	0.32%	0.14%
EMR	A	0.33%	0.1%	0.1%
EXPD	D	0.08%	0.08%	0.08%
FANG	D	0.15%	0.45%	0.15%
FDX	B	0.29%	0.37%	0.29%
FSLR	F	0.09%	0.27%	0.09%
FTV	C	0.12%	0.16%	0.12%
GEHC	F	0.17%	0.07%	0.07%
GOOGL	C	4.63%	0.09%	0.09%
GPC	D	0.08%	0.23%	0.08%
GRMN	B	0.14%	0.3%	0.14%
GWW	B	0.22%	0.29%	0.22%
HAL	C	0.12%	0.44%	0.12%
HOLX	D	0.08%	0.16%	0.08%
HPQ	B	0.16%	0.09%	0.09%
HUBB	B	0.11%	0.18%	0.11%
IEX	B	0.08%	0.18%	0.08%
INTC	D	0.46%	0.36%	0.36%
IP	B	0.07%	0.4%	0.07%
IR	B	0.19%	0.18%	0.18%
ISRG	A	0.85%	0.27%	0.27%
IT	C	0.17%	0.17%	0.17%
JBHT	C	0.07%	0.27%	0.07%
JCI	C	0.25%	0.09%	0.09%
JNJ	D	1.65%	0.24%	0.24%
KDP	D	0.15%	0.21%	0.15%
KLAC	D	0.37%	0.07%	0.07%
KO	D	1.1%	0.15%	0.15%
LEN	D	0.0%	0.38%	0.0%
LEN	D	0.18%	0.38%	0.18%
LH	C	0.09%	0.18%	0.09%
LUV	C	0.02%	0.28%	0.02%
LYB	F	0.1%	0.37%	0.1%
MDLZ	F	0.39%	0.15%	0.15%
MDT	D	0.49%	0.16%	0.16%
META	D	5.55%	0.33%	0.33%
MKC	D	0.09%	0.08%	0.08%
MPC	D	0.25%	0.42%	0.25%
MU	D	0.49%	0.08%	0.08%
NKE	D	0.4%	0.14%	0.14%
NOW	A	0.92%	0.29%	0.29%
NTAP	C	0.11%	0.16%	0.11%
NUE	C	0.16%	0.41%	0.16%
NWSA	B	0.05%	0.18%	0.05%
ODFL	B	0.19%	0.09%	0.09%
OMC	C	0.09%	0.16%	0.09%
ON	D	0.13%	0.39%	0.13%
OXY	D	0.15%	0.42%	0.15%
PANW	C	0.54%	0.1%	0.1%
PCAR	B	0.25%	0.48%	0.25%
PHM	D	0.12%	0.38%	0.12%
PKG	A	0.1%	0.28%	0.1%
POOL	C	0.06%	0.08%	0.06%
PPG	F	0.13%	0.24%	0.13%
PSX	C	0.25%	0.42%	0.25%
PWR	A	0.22%	0.47%	0.22%
RMD	C	0.16%	0.33%	0.16%
ROL	B	0.06%	0.08%	0.06%
ROST	C	0.21%	0.16%	0.16%
RVTY	F	0.06%	0.07%	0.06%
SLB	C	0.28%	0.44%	0.28%
SNA	A	0.08%	0.52%	0.08%
STLD	B	0.1%	0.47%	0.1%
SYK	C	0.63%	0.09%	0.09%
TJX	A	0.61%	0.26%	0.26%
TMO	F	0.87%	0.07%	0.07%
TSCO	D	0.13%	0.16%	0.13%
TSLA	B	4.25%	0.22%	0.22%
TT	A	0.42%	0.45%	0.42%
TYL	B	0.11%	0.26%	0.11%
UAL	A	0.03%	0.67%	0.03%
UBER	D	0.62%	0.16%	0.16%
ULTA	F	0.07%	0.31%	0.07%
UPS	C	0.43%	0.17%	0.17%
VLO	C	0.2%	0.45%	0.2%
VLTO	D	0.12%	0.23%	0.12%
VRT	B	0.22%	0.52%	0.22%
WAB	B	0.15%	0.46%	0.15%
WELL	A	0.37%	0.27%	0.27%
WLK	D	0.02%	0.14%	0.02%
WST	C	0.1%	0.09%	0.09%
WY	D	0.1%	0.16%	0.1%
XOM	B	2.42%	0.43%	0.43%
XYL	D	0.13%	0.15%	0.13%
ZBH	C	0.1%	0.35%	0.1%

HLAL Overweight 79 Positions Relative to FEX

Symbol	Grade	Weight
MSFT	F	13.84%
GOOG	C	3.91%
PG	A	1.81%
CRM	B	1.36%
MRK	F	1.11%
AMD	F	0.99%
ADBE	C	0.98%
LIN	D	0.97%
TXN	C	0.81%
QCOM	F	0.77%
DHR	F	0.67%
PFE	D	0.63%
AMAT	F	0.63%
ADP	B	0.55%
PLD	D	0.48%
ADI	D	0.47%
LRCX	F	0.41%
GEV	B	0.41%
SNPS	B	0.37%
CDNS	B	0.37%
MCK	B	0.36%
REGN	F	0.35%
MRVL	B	0.35%
MMM	D	0.32%
ROP	B	0.26%
NXPI	D	0.25%
NEM	D	0.22%
FAST	B	0.21%
EA	A	0.2%
KVUE	A	0.2%
HES	B	0.19%
EW	C	0.19%
COR	B	0.18%
LULU	C	0.17%
A	D	0.17%
MLM	B	0.16%
GLW	B	0.16%
VMC	B	0.16%
IDXX	F	0.15%
ROK	B	0.14%
TTWO	A	0.14%
CAH	B	0.13%
ANSS	B	0.13%
CHD	B	0.12%
PTC	A	0.1%
IFF	D	0.1%
ZBRA	B	0.09%
STE	F	0.09%
WDC	D	0.09%
ILMN	D	0.09%
ALGN	D	0.08%
PNR	A	0.08%
TRMB	B	0.08%
PODD	C	0.08%
EL	F	0.07%
FLEX	A	0.07%
MRO	B	0.07%
TER	D	0.07%
ICLR	D	0.07%
DLTR	F	0.06%
SMCI	F	0.06%
ALB	C	0.06%
SWK	D	0.06%
REG	B	0.06%
FFIV	B	0.06%
TECH	D	0.05%
IPG	D	0.05%
JNPR	F	0.05%
OKTA	C	0.05%
BMRN	D	0.05%
TFX	F	0.04%
SCCO	F	0.04%
CRL	C	0.04%
LKQ	D	0.04%
WBA	F	0.03%
QRVO	F	0.03%
NWS	B	0.02%
GFS	C	0.02%
AGR	B	0.01%

HLAL Underweight 255 Positions Relative to FEX

Symbol	Grade	Weight
APP	B	-0.97%
PLTR	B	-0.7%
RCL	A	-0.55%
SYF	B	-0.54%
GM	B	-0.53%
EXPE	B	-0.52%
VST	B	-0.52%
FICO	B	-0.5%
GS	A	-0.5%
EME	C	-0.49%
KKR	A	-0.49%
CVNA	B	-0.48%
HWM	A	-0.48%
OC	A	-0.47%
EOG	A	-0.47%
CINF	A	-0.47%
TRGP	B	-0.46%
TROW	B	-0.46%
CTRA	B	-0.46%
BK	A	-0.46%
AXP	A	-0.45%
ALL	A	-0.45%
CCL	B	-0.45%
F	C	-0.45%
FOXA	B	-0.45%
RS	B	-0.45%
URI	B	-0.44%
CMCSA	B	-0.44%
HEI	B	-0.44%
HPE	B	-0.44%
T	A	-0.44%
WFC	A	-0.44%
KMI	A	-0.43%
PGR	A	-0.43%
NRG	B	-0.43%
TOL	B	-0.42%
CPNG	D	-0.42%
CTSH	B	-0.42%
UTHR	C	-0.42%
MTB	A	-0.41%
EQT	B	-0.41%
DASH	A	-0.41%
HBAN	A	-0.41%
LYV	A	-0.41%
IRM	D	-0.41%
COF	B	-0.41%
GDDY	A	-0.4%
FI	A	-0.4%
TPL	A	-0.4%
EG	C	-0.4%
FCNCA	A	-0.4%
LNG	B	-0.4%
TMUS	B	-0.39%
RBLX	C	-0.39%
THC	D	-0.39%
SRE	A	-0.38%
CVS	D	-0.38%
VTRS	A	-0.38%
HOOD	B	-0.38%
CFG	B	-0.38%
ETR	B	-0.38%
PM	B	-0.37%
ORCL	B	-0.37%
MSI	B	-0.37%
PH	A	-0.37%
C	A	-0.37%
AEE	A	-0.36%
CRBG	B	-0.36%
CNP	B	-0.36%
BRO	B	-0.36%
NI	A	-0.36%
SWKS	F	-0.36%
GEN	B	-0.36%
L	A	-0.36%
XEL	A	-0.36%
LII	A	-0.35%
HCA	F	-0.35%
COST	B	-0.35%
AIG	B	-0.35%
VTR	C	-0.34%
CB	C	-0.34%
AFL	B	-0.34%
ALLY	C	-0.34%
HIG	B	-0.34%
TGT	F	-0.34%
KR	B	-0.34%
MS	A	-0.33%
ANET	C	-0.33%
EXC	C	-0.33%
CNC	D	-0.33%
DUK	C	-0.33%
DTE	C	-0.32%
AEP	D	-0.32%
VZ	C	-0.32%
TXT	D	-0.32%
IBM	C	-0.32%
GE	D	-0.32%
ERIE	D	-0.32%
AMP	A	-0.31%
NEE	D	-0.31%
NTRS	A	-0.31%
DG	F	-0.31%
OKE	A	-0.31%
ED	D	-0.31%
JPM	A	-0.3%
BAC	A	-0.3%
FTNT	C	-0.3%
CHTR	C	-0.3%
BKNG	A	-0.3%
NFLX	A	-0.3%
ALNY	D	-0.29%
RF	A	-0.29%
ZM	B	-0.29%
BAH	F	-0.29%
NVDA	C	-0.29%
ACGL	D	-0.29%
STT	A	-0.28%
FITB	A	-0.28%
USB	A	-0.28%
TRV	B	-0.28%
PCG	A	-0.27%
TDY	B	-0.27%
TTD	B	-0.27%
CASY	A	-0.27%
HLT	A	-0.27%
CSX	B	-0.26%
LNT	A	-0.26%
BRK.A	B	-0.26%
PPL	B	-0.26%
WEC	A	-0.26%
MANH	D	-0.25%
EIX	B	-0.25%
DE	A	-0.25%
CMS	C	-0.25%
SPGI	C	-0.25%
ICE	C	-0.25%
CAT	B	-0.25%
SHW	A	-0.25%
SSNC	B	-0.25%
MCO	B	-0.25%
D	C	-0.25%
EQR	B	-0.25%
PEG	A	-0.25%
PSA	D	-0.24%
HRL	D	-0.24%
AVGO	D	-0.24%
RJF	A	-0.23%
CE	F	-0.23%
NVR	D	-0.23%
GIS	D	-0.22%
HUM	C	-0.22%
BBY	D	-0.22%
APO	B	-0.22%
TDG	D	-0.22%
KHC	F	-0.22%
STX	D	-0.22%
EFX	F	-0.21%
ELV	F	-0.2%
CPAY	A	-0.2%
DIS	B	-0.2%
NDAQ	A	-0.19%
DECK	A	-0.19%
PNC	B	-0.19%
MSTR	C	-0.19%
KEY	B	-0.19%
AJG	B	-0.18%
BR	A	-0.18%
PRU	A	-0.18%
RGA	A	-0.18%
SPG	B	-0.18%
WSO	A	-0.18%
J	F	-0.18%
WRB	A	-0.18%
ETN	A	-0.18%
KIM	A	-0.18%
TSN	B	-0.18%
PYPL	B	-0.18%
LVS	C	-0.17%
SO	D	-0.17%
CSL	C	-0.17%
FNF	B	-0.17%
MAA	B	-0.17%
DRI	B	-0.17%
PFG	D	-0.17%
LHX	C	-0.17%
CI	F	-0.16%
AWK	D	-0.16%
FE	C	-0.16%
GD	F	-0.16%
KEYS	A	-0.16%
ECL	D	-0.16%
SYY	B	-0.16%
HSY	F	-0.15%
CPB	D	-0.15%
O	D	-0.15%
CL	D	-0.15%
DOC	D	-0.15%
COIN	C	-0.15%
EXR	D	-0.15%
LLY	F	-0.14%
MOH	F	-0.14%
AMT	D	-0.14%
WMB	A	-0.11%
MPWR	F	-0.11%
RPM	A	-0.1%
MAR	B	-0.1%
CBOE	B	-0.09%
MET	A	-0.09%
HD	A	-0.09%
AVB	B	-0.09%
MSCI	C	-0.09%
CMG	B	-0.09%
ESS	B	-0.09%
EQIX	A	-0.09%
SBUX	A	-0.09%
CLX	B	-0.09%
RSG	A	-0.09%
NSC	B	-0.09%
MA	C	-0.09%
ORLY	B	-0.09%
PAYX	C	-0.09%
APH	A	-0.09%
ARES	A	-0.09%
AMZN	C	-0.09%
MKL	A	-0.09%
AON	A	-0.09%
MO	A	-0.09%
BLK	C	-0.09%
RIVN	F	-0.08%
AVY	D	-0.08%
ZTS	D	-0.08%
LMT	D	-0.08%
MAS	D	-0.08%
SBAC	D	-0.08%
NOC	D	-0.08%
PEP	F	-0.08%
KMB	D	-0.08%
MCD	D	-0.08%
VICI	C	-0.08%
GLPI	C	-0.08%
NDSN	B	-0.08%
OTIS	C	-0.08%
WAT	B	-0.08%
ACN	C	-0.08%
MMC	B	-0.08%
LOW	D	-0.08%
AZO	C	-0.08%
VRTX	F	-0.08%
IQV	D	-0.07%
CAG	D	-0.07%
BLD	D	-0.07%
WSM	B	-0.07%
AMGN	D	-0.07%
FCX	D	-0.07%
CCI	D	-0.07%